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Dan A
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Comments by "Dan A" (@DanA-nl5uo) on "Banks Cutting Credit Lines For Dealers! Car Dealers Are In TROUBLE!" video.
Ironically we probably found the group which isn't too big to fail. The banks and the manufacturer can hold the government hostage but the dealers individually cannot
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You could say the same thing about the 10 accounts in SVB that totaled 13 billion dollars with only $250,000 worth of insurance. The difference being that the ultra wealthy got the government to pay 100% of their asset value not just the $250,000 they paid the insurance for. I bet these dealers wish their insurance would cover losses the same as the FDIC.
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